Lifeworks Advisors LLC Purchases 1,700 Shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ)

Lifeworks Advisors LLC boosted its position in shares of JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 27.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,985 shares of the company’s stock after purchasing an additional 1,700 shares during the period. Lifeworks Advisors LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $439,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Comerica Bank grew its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 30.2% during the 1st quarter. Comerica Bank now owns 75,489 shares of the company’s stock valued at $4,095,000 after purchasing an additional 17,500 shares during the last quarter. Cornerstone Wealth Management LLC bought a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at about $225,000. Raymond James & Associates boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 35.4% in the 2nd quarter. Raymond James & Associates now owns 1,162,101 shares of the company’s stock valued at $64,497,000 after buying an additional 303,680 shares during the period. Western Wealth Management LLC boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 15.2% in the 2nd quarter. Western Wealth Management LLC now owns 14,386 shares of the company’s stock valued at $798,000 after buying an additional 1,893 shares during the period. Finally, US Bancorp DE boosted its position in JPMorgan Nasdaq Equity Premium Income ETF by 64.9% in the 1st quarter. US Bancorp DE now owns 11,134 shares of the company’s stock valued at $604,000 after buying an additional 4,381 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

JPMorgan Nasdaq Equity Premium Income ETF stock opened at $56.53 on Friday. The stock has a market cap of $18.24 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a 1 year low of $47.67 and a 1 year high of $56.78. The firm has a 50-day moving average of $54.63 and a two-hundred day moving average of $54.17.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a $0.4936 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $5.92 annualized dividend and a yield of 10.48%.

JPMorgan Nasdaq Equity Premium Income ETF Company Profile

The J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund of US large-cap companies from the Nasdaq-100 Index, assessed and managed using ESG factors and a proprietary data science driven investment approach.